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The Elusive Quest for Inclusive Growth :, Growth, Poverty, and Inequality in Asia, Ravi Balakrishnan, Chad Steinberg, Murtaza Syed

This paper assesses how pro-poor and inclusive Asia’s recent growth has been, and what factors have been driving these outcomes. It finds that while poverty has fallen across the region over the last two decades, inequality has increased, dampening the impact of growth on poverty reduction. As a result, relative to other emerging and developing regions and to Asia’s own past, the recent period of growth has been both less inclusive and less pro-poor. Our analysis suggests a number of policies that could help redress these trends and broaden the benefits of growth in Asia. These include fiscal policies to increase spending on health, education, and social safetynets; labor market reforms to boost the labor share of total income; and reforms to make financial systems more inclusive
Table Of Contents
Cover; Contents; I. Introduction; II. How Does Asia Compare to Other Regions?; Tables; 1. Number of People Living on Less Than 1.25 per Day; Figures; 1. Stylized Facts: Asia's Growth Experience over the Last Decade; Boxes; 1. China and India: Why Does a Rising Tide Not Lift All Boats?; III. The Links Between Growth, Poverty and Inequality; A. What is Pro-Poor and Inclusive Growth?; 2. Selected Asia: Change in Poverty and Inequality during Global Crisis; B. How Pro-Poor is Growth?; 2. Pro-Poor Growth Regression; C. How Inclusive is Growth?; 3. Income Elasticity of Poverty Reduction
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (38 p.)
Specific Material Designation
Form Of Item

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